Trends - SME - Business Recorder

SME

Electricity tariffs: full cost recovery model no longer sustainable

In the energy sector, nothing seems to be working to increase consumption on the grid. The concept of full cost...

Updated 09 Dec, 2024 08:13am

Opinion

From challenges to opportunities: The journey of persistence, resilience, and growth

The Small and Medium Enterprise (SME) sector in Pakistan plays a pivotal role in the national economy, contributing...

Published 22 Nov, 2024 03:03am

Business & Finance

Member firms: Paapam seeks withdrawal of requirement for submission of affidavit

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (Paapam), representing over 300...

Updated 19 Oct, 2024 08:13am

Business & Finance

PBA applauds SBP’s revised SME financing limits

KARACHI: The Pakistan Banks’ Association (PBA) applauds the State Bank of Pakistan (SBP) for its progressive step...

Published 17 Oct, 2024 06:34am

Business & Finance

SME banking: SBP launches ‘Challenge Fund’

KARACHI: The State Bank of Pakistan (SBP) has announced to launch a “Challenge Fund” for technology adoption...

Published 12 Oct, 2024 06:58am

Business & Finance

SME banking: SBP launches ‘Challenge Fund’

KARACHI: The State Bank of Pakistan (SBP) has announced to launch a “Challenge Fund” for technology adoption...

Published 12 Oct, 2024 06:17am

Business & Finance

Impact of power tariff hike on SMEs highlighted

KARACHI: The capacity building of every business is essential and eminent by facilitation from the government, said...

Published 22 Sep, 2024 02:47am

Business & Finance

Minister highlights role of SMEs in economic growth

LAHORE: Rana Tanveer Hussain, Federal Minister Industries and Production has initiated a process to enhance...

Published 22 Sep, 2024 02:47am

Business & Finance

SMEs’ growth: PBA hails SBP’s initiative of risk coverage scheme for banks

KARACHI: In a collaborative effort to support the SME sector, the State Bank of Pakistan (SBP) has recently ...

Published 20 Aug, 2024 06:55am

Business & Finance

SME sector’s access to finance priority area: DG SBP

KARACHI: Deputy Governor, State Bank of Pakistan (SBP), Saleem Ullah has said that ease in access to finance for the...

Updated 23 Jul, 2024 08:35am

Business & Finance

Agriculture and SME finance expansion: SBP issues letters to banks to develop five-year plans

KARACHI: The Governor, State Bank of Pakistan (SBP), chaired the second Steering Committee meeting on July 4 on...

Published 08 Jul, 2024 08:25am

Business & Finance

Smeda launches 10-year cluster-based development plan

LAHORE: The Small and Medium Enterprises Development Authority (Smeda) has evolved a 10-year Cluster-Based...

Updated 02 Jul, 2024 05:48am

Business & Finance

TDAP holds dialogue on trade facilitation initiatives

KARACHI: Trade Development Authority of Pakistan (TDAP) and Pakistan Single Window (PSW) are in joint concerted...

Published 29 Jun, 2024 06:40am

Business & Finance

Embrace SME financing as core business, SBP asks banks

KARACHI: Saleemullah, Deputy Governor, State Bank of Pakistan (SBP) has termed the SME as lifeline of the economy ...

Published 28 Jun, 2024 05:41am

Business & Finance

LCCI, SBP mark Micro, Small & Medium-sized Enterprises Day

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) Thursday organized an important event in collaboration with...

Published 28 Jun, 2024 05:41am

Business & Finance

ACCA report explains how accountants help SMEs overcome challenges

LAHORE: Empathy, adaptability and the human touch are vital to SMEs navigating through today’s dynamic and...

Published 26 Jun, 2024 03:15am

Business & Finance

SME sector: SBP directs banks to adopt DSCF solutions

KARACHI: The State Bank of Pakistan (SBP) has instructed the banks to adopt Digital Supply Chain Finance (DSCF)...

Published 12 Jun, 2024 06:51am

Business & Finance

HBL and EXIM partner to boost SME exports

ISLAMABAD: HBL and EXIM (Export-Import Bank of Pakistan) signed a Memorandum of Understanding (MoU) to collaborate ...

Published 05 Jun, 2024 07:47am

Business & Finance

HBL inaugurates Islamic banking branch in DHA Phase-VIII Karachi

KARACHI: HBL inaugurated its Islamic Banking Branch in DHA Phase 8, Karachi. This is a first-of-its-kind modular...

Published 04 Jun, 2024 06:28am

Business & Finance

SMEDA, ILO unveil joint study

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) and International Labour Organization (ILO)...

Published 17 May, 2024 05:50am

Business & Finance

BoP joins SME finance forum

LAHORE: The Bank of Punjab, a key player in Pakistan’s SME banking segment, has joined hands with SME Finance ...

Published 16 May, 2024 06:28am

Business & Finance

FBL inaugurates regional head office & flagship branch in Multan

MULTAN: Faysal Bank Limited (FBL) Pakistan’s fastest growing Islamic bank, inaugurated its Multan Regional Head...

Published 16 May, 2024 06:28am

Business & Finance

UBG calls for unified action to overcome economic challenges

KARACHI: Pakistan is currently grappling with one of its most severe economic crises, prompting leaders from the...

Published 02 May, 2024 04:58am

Editorials

Energising the SME sector

EDITORIAL: In yet another bid to encourage the growth of small and medium-sized enterprises (SMEs), the government...

Published 25 Apr, 2024 03:05am

‘Defunct’ SME Bank: ECC approves over Rs4.11bn to clear employees’ dues

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved over Rs 4.11 billion to settle...

Updated 16 Apr, 2024 09:08am

Business & Finance

SMEDA holds pre-budget consultative session

LAHORE: The SME stakeholders have called for minimizing duties to 3%, implementing single-digit taxes on SMEs,...

Published 05 Apr, 2024 04:50am

Pakistan

Compliant taxpayers, exporters: PM to give away awards on 21st

ISLAMABAD: Prime Minister Shehbaz Sharif has decided to give awards/certificates to compliant taxpayers and ...

Published 17 Mar, 2024 02:49am

Business & Finance

FCCI acting president assures support for resolving SME sector issues

FAISALABAD: The SME sector is the growth engine of the economy and problems confronted by it must be resolved on top...

Published 26 Feb, 2024 05:07am

Business & Finance

Regulatory Sandbox: SECP permits 9 applicants to carry out live testing of innovative business model

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has permitted live testing of their innovative...

Published 31 Jan, 2024 05:22am

Business & Finance

‘She’s Next’ programme: Visa, HBL announce names of 5 winners

KARACHI: Visa (NYSE: V), a world leader in digital payments, together with HBL, Pakistan’s leading bank on...

Published 18 Jan, 2024 05:54am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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